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Module Four: Statistical Inference
Module Four: Statistical Inference - Estimation (point estimators and confidence intervals): Estimating population parameters and margins of error Properties of point estimators, including unbiasedness and variability Logic of confidence intervals, meaning of confidence level and confiden..
Module Three: Anticipating Patterns
Probability: Interpreting probability, including long-run relative frequency interpretation 'Law of Large Numbers' concept Addition rule, multiplication rule, conditional probability, and independence Discrete random variables and their probability distributions, including binomial and ..
Module Three: Anticipating Patterns
Module Three: Anticipating Patterns - Probability: Interpreting probability, including long-run relative frequency interpretation 'Law of Large Numbers' concept Addition rule, multiplication rule, conditional probability, and independence Discrete random variables and their probability distribution..
Module Two: Sampling and Experimentation
Overview of methods of data collection: Census Sample survey Experiment Observational study Planning and conducting surveys: Characteristics of a well-designed and well-conducted survey Populations, samples, and random selection Sources of bias in sampling and surveys Samp..
Statistics
The scientific methods of collection of data, its classification and application to commerce and everyday life is called statistics..
Statistics
deals mainly in communicating facts and figures in terms of a method called statistical method. Collection, classification, tabulation, representation, reasoning, testing and drawing inferences are part of statistical methods. Rainfall patterns of a particular city over a peri..
Statistics
Statistics is about collection of information and its presentation and about drawing inferences from these. We come across facts and figures in the newspapers, Television and the radio. The numerical figures are called "the data". If we have to draw good inferences from information ..
Mathematical Formulation of Linear Programming Problems
Mathematical Formulation of Linear Programming Problems - There are mainly four steps in the mathematical formulation of linear programming problem as a mathematical model. We will discuss formulation of those problems which involve only t..
Mathematical Formulation of Linear Programming Problems
There are mainly four steps in the mathematical formulation of linear programming problem as a mathematical model. We will discuss formulation of those problems which involve only two variables. Identify the decision variables and assign symbols x and y to th..
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